McKinney RHF Housing Inc

Analysis

McKinney RHF Housing Inc is a registered charity in United States, based in Long Beach, CA. It received its IRS tax-exemption ruling in July 1985, 41 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending November 2023, McKinney RHF Housing Inc reported income of $542k and spending of $551k, spending 102% of its income. Across the 5 years on record, from November 2019 to November 2023, income grew from $500k to $542k (+8.4%), an average of +2.0% a year. Over the whole period it spent 103% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, McKinney RHF Housing Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 73rd percentile within CA. Charities of a similar size with the same main cause include Ahepa 310-Vii Inc ($542k), Arc of Maui County - Molokai Residence ($543k) and Lao Park Housing Corporation ($542k).

On its Form 990 for the period ending November 2023, revenue came from contributions and grants 73% and program service revenue 25% of the total. At year end it held assets of $1.7m against liabilities of $2.0m, net assets of -$261k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.